 Asian markets are mixed today despite selloff in US overnight. Investors are generally non-committal, probably waiting for more concrete developments regarding US-China trade negotiations and Brexit. Though, the decline in US treasury yields is worth a note as 10-year yield closed back below 2.7 handle at 2.692. It remains to be seen if last week's strong rise was a false dawn as more evidence of global slowdown surfaced. Non-farm payroll report, with wage growth, on Friday would probably firm up the tone in Dollar, yields and US stocks. But for now, focus will turn to ECB meeting first. Euro is generally soft today as markets are expecting downgrade of economic outlook from the central bank. But Canadian Dollar is the worst performing one after BoC took rate hike off the table for now yesterday. Dollar is also soft for today on weakness in yields. On the other hand, Australian Dollar is regaining some ground after strong trade balance data. Technically, yesterday's strong rally solidifies USD/CAD near term bullish momentum for 1.3664 resistance. Dollar lost some momentum again against Euro and Swiss Franc. But with 1.1345 minor in EUR/USD and 0.9997 minor resistance in USD/CHF intact, more upside is mildly in favor in the greenback. Though, USD/JPY's retreat from 112.13 looks basically corrective. Similarly, EUR/JPY and GBP/JPY are also engaging in corrective retreat. In other words, Yen will likely suffer renewed selloff after the corrective recovery completes. It's just a matter of time. In other markets, Nikkei is currently down -0.79%. Hong Kong HSI is down -0.46%. China Shanghai SSE is down -0.02%. Singapore Strait Times is up 0.26%. Japan 10-year JGB yield is down -0.0001 at -0.004. Overnight, DOW dropped -0.52%. S&P 500 dropped -0.65%. NASDAQ dropped -0.93%. 10-year yield dropped -0.030 to 2.692, back below 2.7 handle. | 
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